Kerry Lynch stepped into the role of editor of the&nbsp;Aviation International News&nbsp;monthly magazine in May 2022 after serving with&nbsp;AIN&nbsp;for eight years. She joined&nbsp;AIN&nbsp;in December 2014 as a senior editor covering Washington and business aviation news. She has also served on Convention News teams, including as editor of&nbsp;HAI Convention News. Lynch previously spent 25 years with Aviation Week. During her time there, she reported for and later steered&nbsp;The Weekly of Business Aviation, oversaw business aviation content on the&nbsp;Aviation Week Intelligence Network, served on the&nbsp;Show News&nbsp;staff, and held roles as the Washington columnist for&nbsp;Business &amp; Commercial Aviation&nbsp;and&nbsp;Overhaul &amp; Maintenance&nbsp;monthly magazines. In 2021 she was honored with the National Business Aviation Association Platinum Wing Award for lifetime achievement in journalism and was the 2004 recipient of the National Air Transportation Association’s Aviation Journalism Excellence Award. She also has been a recipient of an Aerospace Media Award for business aviation (2022) and NBAA Gold Wing Award (2003, 2024). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

Zetta Jet has lined up $8.5 million in financing from existing lessor Scout Aviation II as the international charter operator positions to reorganize under Chapter 11 bankruptcy protection and to secure a buyer for the company.

 


The funding will help Zetta Jet to meet obligations associated with its daily operations, including payments for aircraft usage, fuel, wages, goods and services, said the company, which<a href="https://www.ainonline.com/aviation-news/business-aviation/2017-09-18/zetta-jet-files-bankruptcy-protection"> filed for Chapter 11 restructuring</a> in September. Zetta Jet is seeking interim U.S. bankruptcy court approval to immediately use up to $4.5 million of the financing and access the full amount in December.

 


“We have already begun restructuring our aircraft fleet to operate more efficiently and otherwise reduce redundant costs,” said Jonathan King, a partner and co-chair of DLA Piper's white collar, corporate crime and investigations practice, who was approved by the court last month to serve as the<a href="https://www.ainonline.com/aviation-news/business-aviation/2017-10-03/zetta-jet-moves-forward-bankruptcy-continues-ops"> Chapter 11 trustee</a>. “Now with funding in place, the company will have financial resources to implement that plan and sufficient liquidity to fund the company through a competitive sale process, culminating in emergence under a plan of reorganization.”

 


Zetta Jet expects to file a motion shortly that lays out a bidding process for the sale of the company. That plan must receive bankruptcy court approval. Scout Aviation will act as a stalking horse bidder and sponsor the restructuring plan.

 


"Scout Aviation has been a good business partner to the company and this financing commitment demonstrates its continued confidence in the company," King said.

 


As Zetta Jet continues its reorganization efforts,<a href="https://www.ainonline.com/aviation-news/business-aviation/2017-09-20/shareholders-execs-wage-dispute-over-control-zetta-jet"> the dispute</a> with its former managing director Geoffery Cassidy also continues. Cassidy last week issued a statement laying out objections to the bankruptcy proceedings and company’s actions, and he's denying charges that the company has leveled against him. Cassidy has maintained that the bankruptcy procedures were avoidable and said the situation is “unacceptable.”

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Zetta Jets Positions Sale, Obtains Financing

Existing lessor Scout Aviation II, acting as a stalking horse bidder, has committed up to $8.5 million in financing, subject to court approval.

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

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News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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